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Online Banking & Bill Pay Forecast

Current, future and historical usage: 1994 to 2016

Author
Jim Bruene

Published
Dec. 31, 2006; OBR 137

Pages
28

Format
Print, PDF, or Word

Size
3.4MB

Table of Contents
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Abstract: In this report, we look at online banking and bill pay usage in the United States, both past (back to 1994), present, and future (through 2016). Year-by-year projection are provided for the following online products and services:

  • Checking/deposit account access
  • Loan/credit card access
  • Account aggregation
  • Email statements/alerts
  • Pay-anyone bill pay
  • Direct bill pay (including at credit card sites)
  • Interbank funds transfer (A2A)


Also, in this report we look at:
  • The top-10 developments in 2006
  • The top-30 online banking innovations of all-time including five new entrants
  • Recap of the top-10 by year since 1995
  • Bank of America’s detailed online banking & bill payment totals

    Companies mentioned: BancorpSouth, Bank of America, Bank of Montreal, Billeo, billQ (Seen Creative Group), Cingular, Citibank, Equifax, Firethorn Mobile, Google iGoBanking (Flushing Financial), ING Direct, Intuit, LendingTree, MasterCard, mFoundry, Mortgagebot, MyRichUncle, NetBank, PayPal, PNC Bank, Prosper, SunTrust, Synovus, Target, Texans Credit Union, Third Federal Savings, USAA, US Bank, Verity Credit Union, Visa, WaMu, Wells Fargo, Wesabe, WT Direct (Wilmington Trust), Yodlee, Zillow, Zions Bank, Zopa


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